Description
Bring the latest statistical tools to bear on predicting future variables and outcomes
A huge range of fields rely on forecasts of how certain variables and causal factors will affect future outcomes, from product sales to inflation rates to demographic changes. Time series analysis is the branch of applied statistics which generates forecasts, and its sophisticated use of time oriented data can vastly impact the quality of crucial predictions. The latest computing and statistical methodologies are constantly being sought to refine these predictions and increase the confidence with which important actors can rely on future outcomes.
Time Series Analysis and Forecasting presents a comprehensive overview of the methodologies required to produce these forecasts with the aid of time-oriented data sets. The potential applications for these techniques are nearly limitless, and this foundational volume has now been updated to reflect the most advanced tools. The result,
